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Apr 20, 2013
04/13
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have been deficits for four years. but sometimes you need some, you get it, other times, in germany, to end with one poll that is quite interesting. you may know, you may have known that of course there's a lot of concern in public opinion, is it not the wrong decision to care for the european monetary, if you look at -- be have the highest polls we ever had, and shoo we stay in the euro or not. 70%, which is high, said, yes, we have to stay. we have to solve the problem. and it's a good basic. thank you very much. >> thank you very much. [applause] >> let me just start the questions by asking you, we have seen major initiatives in both the united states and europe to regulate banks. is more coordination needed between the two of us and if so, how would you recommend that we could achieve that. >> obviously more coordinate needed, but we try to find solutions in europe. we know that u.s. has in some way gone ahead, but we will work -- we discuss -- it's not most problematic issue actually, to have common understanding
have been deficits for four years. but sometimes you need some, you get it, other times, in germany, to end with one poll that is quite interesting. you may know, you may have known that of course there's a lot of concern in public opinion, is it not the wrong decision to care for the european monetary, if you look at -- be have the highest polls we ever had, and shoo we stay in the euro or not. 70%, which is high, said, yes, we have to stay. we have to solve the problem. and it's a good basic....
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Apr 23, 2013
04/13
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it's also not directed to where we really need to do to reduce the deficit. once again sequestration applies to discretionary spending primarily, it provides a fourth round of cuts, we've already had cuts over the last three years and for the agencies that are affected, it's equivalent to about a 10% cut. you can't do that without seriously affecting the mission of the agencies. and that is just wrong. and that's why i have said from the beginning, let's replace sequestration. well, march 1 came, sequestration came, people woke up the next day and said what's the big deal? well, we're finding out what the big deal is all about. we just heard from the budget of the f.a.a., the air traffic controllers, that because of sequestration they have little option, 85% of their proiption praitional budget is in personnel and air traffic controllers are most of the personnel. so therefore they've announced this have to furlough 11 days during the remainder of this fiscal year, and that comes out to about one furlough day over each work period. it's as much as a 10% reduc
it's also not directed to where we really need to do to reduce the deficit. once again sequestration applies to discretionary spending primarily, it provides a fourth round of cuts, we've already had cuts over the last three years and for the agencies that are affected, it's equivalent to about a 10% cut. you can't do that without seriously affecting the mission of the agencies. and that is just wrong. and that's why i have said from the beginning, let's replace sequestration. well, march 1...
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Apr 22, 2013
04/13
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greece has made a lot of progress in reducing deficit as well. therefore, we are regaining confidence. and if you look at market, markets are very, have regained a lot of confidence. and bonds for all member states, including italy, spain, all the concerned countries, are below they used to be before the crisis. therefore, markets have regained what we are doing now is building the next step, building the banking union. we have already agreed on mechanisms because we need a strong european supervision of banks because our banking works not only in the frame of one member state, but all of us. we need a european mechanism and a european supervision. we haveimemented, we will implement a supervise mechanism in the coming weekings. it -- weeks. it has been already decided. we will build, we have a european regulation on deposit insurance. we have a european regulation on our -- it is not yet decided, but it's drafted, and it is on the way on regulation that was -- [inaudible] mechanism as well. and, therefore, we are working step by step in the dire
greece has made a lot of progress in reducing deficit as well. therefore, we are regaining confidence. and if you look at market, markets are very, have regained a lot of confidence. and bonds for all member states, including italy, spain, all the concerned countries, are below they used to be before the crisis. therefore, markets have regained what we are doing now is building the next step, building the banking union. we have already agreed on mechanisms because we need a strong european...
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Apr 24, 2013
04/13
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together with the deficit reduction enacted last congress, the senate budget would reduce the deficit by $4.3 trillion. through a nearly two to one mix of spending cuts and revenue, two parts spending cuts to one part revenue. house republicans took a very different approach with their budget, making only cuts, drastic cuts to education, to law enforcement, to medical research, even ending medicare as we know it for future retirees. the house budget derives its deficit reduction from cuts that primarily hurt low-income and middle-class americans while refusing to touch a single tax give-away to wealthy and well-connected special interests. senate democrats took a middle course. house republicans produced an extremist tea party wish list. in his own budget plan, president obama included some smart provisions like investments in infrastructure and the buffett rule for tax fairness. and i respect the president's outreach to a compromise with republicans, but i cannot support the cuts to social security benefits in his plan. it is simply wrong to place the burden of deficit reduction on s
together with the deficit reduction enacted last congress, the senate budget would reduce the deficit by $4.3 trillion. through a nearly two to one mix of spending cuts and revenue, two parts spending cuts to one part revenue. house republicans took a very different approach with their budget, making only cuts, drastic cuts to education, to law enforcement, to medical research, even ending medicare as we know it for future retirees. the house budget derives its deficit reduction from cuts that...
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Apr 24, 2013
04/13
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to make as to how we deal with the deficit. i think that when we lose $100 billion every single year because corporations stash their money in the cayman islands and in other tax havens, maybe we might want to ask them to start paying their fair share of taxes rather than cutting social security. but we have colleagues who are much more interested in the well-being and the profits of large corporations than they are in the needs of seniors. so those are some of my answers. mr. harkin: a couple of thoughts, i just say to my friend from vermont. those who say it is unconstitutional to do those things, i wonder if they ever read the preamble to the constitution, which is, by the way, a part of the constitution of the united states. we the people of the united states in order to form a more perfect union, establish justice, ensure domestic tranquillity, provide for the common defense, promote the general welfare. that's part of the constitution of the united states. so how we do that obviously can vary from time to time, generation
to make as to how we deal with the deficit. i think that when we lose $100 billion every single year because corporations stash their money in the cayman islands and in other tax havens, maybe we might want to ask them to start paying their fair share of taxes rather than cutting social security. but we have colleagues who are much more interested in the well-being and the profits of large corporations than they are in the needs of seniors. so those are some of my answers. mr. harkin: a couple...
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Apr 23, 2013
04/13
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deficits continue far into the future. the president also offered no real entitlement reform and no plan to grow america's stagnant economy. president obama is truly budgeting from behind. what's interesting about this budget, though, is it's not just how late it was. it's that it -- it isn't just what he says about what that says about the lack of leadership from the white house. what's also very interesting is what this budget says about the coming train wreck of the president's own health care law. the train wreck succombing not just because the -- the train wreck is coming not just because the health care law is unaffordable for families, it is unaffordable for taxpayers of this country. it fails to slow down washington spending, but it is also dishonest about how much of a budget buster his health care law will be. in fact, the administration has used a lot of smoke and mirrors to try to hide the true cost of the health care law. here's how the associated press put it. they ran an article titled "tracking obama's heal
deficits continue far into the future. the president also offered no real entitlement reform and no plan to grow america's stagnant economy. president obama is truly budgeting from behind. what's interesting about this budget, though, is it's not just how late it was. it's that it -- it isn't just what he says about what that says about the lack of leadership from the white house. what's also very interesting is what this budget says about the coming train wreck of the president's own health...
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Apr 24, 2013
04/13
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we are wrestling with this larges budget deficit. we know that there are management challenges and when you say o.m.b., it is office of management and budget. who is confirmed in this position is expected to ride herd, to oversee a group of team, a good team, that will focus on budget, thousand continue to rein in our budget deficit and bring it back to a more sustainable fiscal position for us and what is do we need to do on the management side to help hastening that day? we have across the federal government in this administration -- we had it in the bush administration, the last bush administration as well -- something i call executive branch swiss cheese. we've too many positions, senior positions in this administration. we had a uminfor number of theme last position. in some cases the administration has not vetted, nominated, and submitted names us to. in some conveyings we're not moving them very quickly thuns they have. there is a shared responsibility here. the administration -- in this case we haven't had a confirmed directo
we are wrestling with this larges budget deficit. we know that there are management challenges and when you say o.m.b., it is office of management and budget. who is confirmed in this position is expected to ride herd, to oversee a group of team, a good team, that will focus on budget, thousand continue to rein in our budget deficit and bring it back to a more sustainable fiscal position for us and what is do we need to do on the management side to help hastening that day? we have across the...
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for the meantime as our european countries wrestle with their budget deficits and slash their military spending it's becoming harder for nato to stay afloat now the alliance is top officer has slammed the e.u. allies for quote getting a free ride and while leaving the u.s. to bear the burden of the defense finances now crisis hit nato states have already chopped more than forty five billion dollars from the alliance is treasury that's the equivalent of germany's entire annual military budget now the number of european troops in the u.s. led bloc though has also plummeted from two point five million in two thousand now to one point eight six million and while the u.s. is also trimming its own military costs its share of the budget has still risen to seventy five percent of the total and as artists are silly reports from brussels concerns over nato's viability continue to grow. the nato secretary general anders fogh rasmussen had actually come out and warned its partners against the danger of more defense spending cuts as we've already seen especially from its european partners so this o
for the meantime as our european countries wrestle with their budget deficits and slash their military spending it's becoming harder for nato to stay afloat now the alliance is top officer has slammed the e.u. allies for quote getting a free ride and while leaving the u.s. to bear the burden of the defense finances now crisis hit nato states have already chopped more than forty five billion dollars from the alliance is treasury that's the equivalent of germany's entire annual military budget...
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Apr 18, 2013
04/13
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who's cating econmic growth with good jobs, balancing, having aal aancedproach to deficit reduction and strengthen the middle class. as i said, last week our focus in the next little while will be on guns and budget, talked about budget. i will be joined by my colleague, congressman mike thompson of california. congressman thompson is a vietnam vet, a wounded vietnam vet. he is a gun owner, hunter. is the head of our task force on gun violence prevention, and he is a co-author of the bipartisan bill in the house with peter king. to put forth a manchin-toomey compromise that failed, so sadly, in the senate last night. we are so disappointed. our sorrow was expressed so appropriately by president obama last night that i invited mike to join us here to tell you where we go from here and to answer the question that people are saying what can we do to change this. mike, would you speak -- thank you for your leadership. >> thank you, leader pelosi. it's a pleasure and honor to join you, to talk about and to answer any questions that you guys may have on gun violence prevention. -manchin amend
who's cating econmic growth with good jobs, balancing, having aal aancedproach to deficit reduction and strengthen the middle class. as i said, last week our focus in the next little while will be on guns and budget, talked about budget. i will be joined by my colleague, congressman mike thompson of california. congressman thompson is a vietnam vet, a wounded vietnam vet. he is a gun owner, hunter. is the head of our task force on gun violence prevention, and he is a co-author of the bipartisan...
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Apr 22, 2013
04/13
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spanish deficit was up to 10.6% of gdp. stephane joins us now live from madrid. >> there is no surprise. 10.6% of gdp. there's a reason behind it. it's the cost of bailing out the spanish banking sector. eurostadt did not give the details about the calculation, but without the cost of bailing out the banking sector, the deficit was 6.9% of gdp, which is higher than the 3% target set by the government, but of course that would be much lower than the 10%, for instance, deficit that we've seen in greece last year as a result, of course, the spanish debt is rising. it's now 84.2% of the spanish gdp. that's a sharp increase if you compare to the level before the prices in spain. and there's a paradox in that announcement. yes, we've seen some positive reaction on the bond market. the other part is that it will actually help the government to ask for more time to reduce its public deficit below 3% of ggdp. the new target will be 2016, two years later than expected, and that will give the government a bit of precome, a bit of marg
spanish deficit was up to 10.6% of gdp. stephane joins us now live from madrid. >> there is no surprise. 10.6% of gdp. there's a reason behind it. it's the cost of bailing out the spanish banking sector. eurostadt did not give the details about the calculation, but without the cost of bailing out the banking sector, the deficit was 6.9% of gdp, which is higher than the 3% target set by the government, but of course that would be much lower than the 10%, for instance, deficit that we've...
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Apr 21, 2013
04/13
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KGO
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little bit and putting it on hold, we have a bigger issue on immigration in front of us and it's our deficit. we have a broken system that needs to be reformed. i'm afraid we'll rush through some judgments related to immigration and how it's processed. >> george, with respect, i think that as bad an idea as calling this enemy combatant. we have 100% rate of prosecuting terrorists. i think that's the bad idea on the senator mccain. i think the idea of delaying immigration reform, if you ask involved in immigration, this is a horrible idea to take this isolated, horrible, evil incident and make it stand for a larger politics and put immigration reform, put the brakes on that. >> congressman? >> it's not the right thing to do. we're a nation of immigrants. i trust our government. we vet people up and down. we review policies every day. but to put it on hold is not in >> i agree with the congressman. they'll deal with 11 million, 12 million people in this country who are still living in the shadows. we need to integrate all americans in society. we want to main stream them. i think we should mov
little bit and putting it on hold, we have a bigger issue on immigration in front of us and it's our deficit. we have a broken system that needs to be reformed. i'm afraid we'll rush through some judgments related to immigration and how it's processed. >> george, with respect, i think that as bad an idea as calling this enemy combatant. we have 100% rate of prosecuting terrorists. i think that's the bad idea on the senator mccain. i think the idea of delaying immigration reform, if you...
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and at the same time deficits go up more people want employed so war and poverty seem to go together and peace and prosperity comes together which is why i'm so happy to be part of this effort and continue to work outside the congress to run and i work together to create inside the congress so more of a you hear him talking about the economics of this you hear him talking about how money and war peace and problem in pop prosperity are often tied with one another and that is something that he says that we can actually start to prevent war and speak against war by auditing the fed and doing things like that ok so a lot of really lofty goals here in baghdad how talk to me about how this institution is different from other thing takes out there there are a lot of things that they say that they are working on they're not only going to be putting out calling as an analysis and things like that well as i mentioned they're also going to be doing this index ranking people on their piece now congressman paul obviously has a lot of current and former lawmakers that are supporting his cause repr
and at the same time deficits go up more people want employed so war and poverty seem to go together and peace and prosperity comes together which is why i'm so happy to be part of this effort and continue to work outside the congress to run and i work together to create inside the congress so more of a you hear him talking about the economics of this you hear him talking about how money and war peace and problem in pop prosperity are often tied with one another and that is something that he...
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Apr 19, 2013
04/13
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we can develop such a bipartisan plan perhaps in a so-called grand bargain we could devise a balance deficit reduction package for one year that avoids sequestration in fy 2014. we simply cannot continue to ignore the effect of sequestration. sequestration will have a major impact on military personnel. though the pay of military personnel has been exempted, the sequester would reduce military readiness in the services for the troops including schools for military children, family support programs and transition assistance programs and mental health and other counseling programs. the president's budget request continues a major drawdown of active duty and reserve strength. we have in recent years given the department numinous force shaping authorities to allow it to reduce its strength in a responsible way ensuring that the services maintain the proper force mix and avoiding grade and occupational disparities, all of which have long term affect. if sequestration continues, the result would be ore pripitous foe structe that is ou of t the requirements of our defense strategy. sequestration ha
we can develop such a bipartisan plan perhaps in a so-called grand bargain we could devise a balance deficit reduction package for one year that avoids sequestration in fy 2014. we simply cannot continue to ignore the effect of sequestration. sequestration will have a major impact on military personnel. though the pay of military personnel has been exempted, the sequester would reduce military readiness in the services for the troops including schools for military children, family support...
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Apr 20, 2013
04/13
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obviously, every one of us wrestle with budgets and deficits, it kind of perks up -- gives us our attention. do you want to elaborate on that a little bit? >> i guess i would say a couple of things. first, arriving at that estimate is a matter of arithmetic, not particular ingenuity. economic growth comes from growth in people, and their productivity. and immigration controls both the size of the labor force and since immigrants tend to work more and participate at higher rates than the native-born, you get labor force growth. as you've mentioned, we often get small businesses and entrepreneurs, which raise the productivity of those workers, and there are benefits to faster overall economic growth in spreading innovation through the economy and thus raising productivity further. my estimates simply look at increases in immigration and follow the research, literature and rules of thumb for the impacts on gdp and on the budget. it's not magic. it's just arithmetic. i will say that it's important to recognize, i didn't tailor that estimate to 2013, '14, '15. this bill looks like it will take s
obviously, every one of us wrestle with budgets and deficits, it kind of perks up -- gives us our attention. do you want to elaborate on that a little bit? >> i guess i would say a couple of things. first, arriving at that estimate is a matter of arithmetic, not particular ingenuity. economic growth comes from growth in people, and their productivity. and immigration controls both the size of the labor force and since immigrants tend to work more and participate at higher rates than the...
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Apr 20, 2013
04/13
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the people who are demanding we reduce the deficit are demanding more money. i guess we must take money away from someone else to pay for law enforcement. no, i don't want to reduce environmental cleanup and housing for the elderly or cut increases in social security. this is a time we should be providing more money. i guess i'm very grateful that we vote, or at least i did, to increase taxes on people making more than $400,000. >> former massachusetts congressman barney frank. thank you so much for taking the time to speak with us today. we appreciate it. >> you're welcome. >>> also joining us, nbc news terrorism andist roger cressey. bare with me while i read this note that i was just handed. the islamic society of boston, cambridge, has leased starjts delivered it on camera md a heres some of the important importants. the suspects were occasional visitors there. they were shocked to hear of the crimes of these two. they never exhibited violence or this behavior. many in the community who knew the tsarnaev brothers have been urged to contact law enforcement.
the people who are demanding we reduce the deficit are demanding more money. i guess we must take money away from someone else to pay for law enforcement. no, i don't want to reduce environmental cleanup and housing for the elderly or cut increases in social security. this is a time we should be providing more money. i guess i'm very grateful that we vote, or at least i did, to increase taxes on people making more than $400,000. >> former massachusetts congressman barney frank. thank you...
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Apr 22, 2013
04/13
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CSPAN2
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but congress has the power to rreverse these self-inflicted wounds without adding one penny to the deficit. we've provided money, the money is there, we haven't spent it, we don't need to. we can use the savings from wrapping up two wars to avoid the full brunt of the sequester's arbitrary cuts. the congressional budget office said that would score; that money is available, it is money we could use. funding for the operation in ir a afgan has in alled overseas contin yeype account. since the worst of the seq cuts are creating an emergency situation, we should consider using thighs funds to offset their impact. these really are emergencies and we should do it. i am not proposing we use them to offset the entire sequester but congress has the power to avert the most painful sequester cuts using these mexico. 28 republicans in the senate and 174 republicans in the house would impose these sequester haphazard cuts. if those same republicans work with democrats, we could act to protect families and businesses and ensure our national defense and save millions of americans hours waiting at the ai
but congress has the power to rreverse these self-inflicted wounds without adding one penny to the deficit. we've provided money, the money is there, we haven't spent it, we don't need to. we can use the savings from wrapping up two wars to avoid the full brunt of the sequester's arbitrary cuts. the congressional budget office said that would score; that money is available, it is money we could use. funding for the operation in ir a afgan has in alled overseas contin yeype account. since the...
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Apr 19, 2013
04/13
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he found the deficit ceiling will come down for trillions of dollars. his study found $2.5 trillion because when people become legalized, they will start paying taxes and they'll also have to pay back taxes, fines and fees through part of this immigration system. so that means they're not going to be coughing -- costing taxpayers money to go through this process and as many economists believe will raise the quality of life. host: the senate judiciary committee takes up the immigration bill this morning. c-span 1 will have that live. you'll also find that on our website. rebecca kaplan is a staff writer at in the national journal. it includes covering the campaign looking at the republican side of things. she worked on that and she also has covered the white house, as part of national journal's team and now she's looking at congress. one of the aspects of congress you're looking at is the house. here's a recent headline of her story. forget working groups, t house juciar is moving immigration ontswn what's happening in the house? >> the chairman is actua
he found the deficit ceiling will come down for trillions of dollars. his study found $2.5 trillion because when people become legalized, they will start paying taxes and they'll also have to pay back taxes, fines and fees through part of this immigration system. so that means they're not going to be coughing -- costing taxpayers money to go through this process and as many economists believe will raise the quality of life. host: the senate judiciary committee takes up the immigration bill this...
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Apr 23, 2013
04/13
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call it an obsession with the deficit or demand for austerity that's been coming from all quarters of the republican party since 2008. >> we can't continue to spend money we don't have. >> we can't just keep spending money we don't have. >> it's time to cut spending. >> unfortunately, the facts do not support their thesis. there is now a chorus of commentators, businessowners and corporate titans, who all accept that taking chunks out of an already melancholic economy will do nothing but sustain the misery. an individual who runs the world's largest bond fund said this in an interview. "the uk and almost all of europe have erred in terms of believing austerity, fiscal austerity in the short term is the way to produce real growth. it is not. you've got to spend money." yet, despite this expert opinion, the republican party led by chairman reince priebus launched a twitter campaign yesterday attempting to blame the president for a policy that they, themselves, absolutely adore. it was pegged to the increasing impact of sequestration on domestic air travel. and produced the laughable cla
call it an obsession with the deficit or demand for austerity that's been coming from all quarters of the republican party since 2008. >> we can't continue to spend money we don't have. >> we can't just keep spending money we don't have. >> it's time to cut spending. >> unfortunately, the facts do not support their thesis. there is now a chorus of commentators, businessowners and corporate titans, who all accept that taking chunks out of an already melancholic economy...
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Apr 23, 2013
04/13
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with the president about the economic crisis, he was quick to compare mathematically the size of the deficit to the point in which -- a way in which he said it wasn't that much worse than during ronald reagan's period. so he's sensitive. >> david, let me ask you this. i noticed that former president bush is going up in popularity. it was -- he was at in a poll 23% in october 2008. now he's up to 47%. now, is that because people haven't seen him a lot? >> yeah. >> does absence make the heart grow fonder here? >> yeah. his popularity went up when he disappeared and started doing pictures and portraits of dogs and himself taking a shower. >> you wrote the book reminding everyone of president bush as he provided over the country. >> you know, you know this, reverend al. history is always a fight. it's always a struggle. we go back and forth. and, you know, bush was probably good pr advice. pretty despised when you left the presidential office. a majority of americans actually believed he had lied the country into the war in iraq. not just that it was a mistake, but he purposely said things that
with the president about the economic crisis, he was quick to compare mathematically the size of the deficit to the point in which -- a way in which he said it wasn't that much worse than during ronald reagan's period. so he's sensitive. >> david, let me ask you this. i noticed that former president bush is going up in popularity. it was -- he was at in a poll 23% in october 2008. now he's up to 47%. now, is that because people haven't seen him a lot? >> yeah. >> does absence...
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Apr 21, 2013
04/13
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gets away from that, we will work before the introduction to make sure it is deficit neutral. that is one of our bottom lines. thank you, everybody. >> senator chuck grassley is the ranking member. this is an hour and 40 minutes. >> the committee can come to order. for the delay. is a deal going on in massachusetts. i hope everybody can understand why the secretary of wonton amo will not be here. -- secretary will not be here. we will reschedule her testimony. she was saying how proud we are of the way that law enforcement .as responded i am distressed to hear an officer being killed. i see at least one person who runs marathons in the audience. my daughter and youngest son do. most marathons are a joyous occasion. the bipartisan proposal, we have established a path to citizenship for the 11 million undocumented immigrants in this country. it addresses the lengthy backlog in our immigration system. agricultural workers are in essential part of our communities and work so hard to provide our nations food supplies. it addresses the needs of our .aw enforcement community it impro
gets away from that, we will work before the introduction to make sure it is deficit neutral. that is one of our bottom lines. thank you, everybody. >> senator chuck grassley is the ranking member. this is an hour and 40 minutes. >> the committee can come to order. for the delay. is a deal going on in massachusetts. i hope everybody can understand why the secretary of wonton amo will not be here. -- secretary will not be here. we will reschedule her testimony. she was saying how...
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Apr 21, 2013
04/13
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. >> reporter: he says that is bigger issue, solving the deficit. >> gregg: there are support others both sides of the aisle on this. how are they responding? >> a lot of bipartisan support. coats and grassley are outnumbered. they say this reform bill is a national security bill that will make america safer. it will have multiple background checks and for the first time to prevent people from overstaying their visas by checking airport departures. >> there are some, some on the hard right and otherwise that oppose our immigration bill from the get-go. they are using this as an excuse. we are not going to let them do that. if they have a reason or suggestion how to change it based on what happened in boston we'll certainly be open to it. we're not going to let them use what happened in boston as an excuse because our law toughens things up. >> reporter: the senate holds second hearing tomorrow. >> gregg: coming up, 6:00 on fox news sunday, boston police commissioner ed davis recounts in his own words the massive manhunt for the boston bombing suspects. >> heather: the only living sus
. >> reporter: he says that is bigger issue, solving the deficit. >> gregg: there are support others both sides of the aisle on this. how are they responding? >> a lot of bipartisan support. coats and grassley are outnumbered. they say this reform bill is a national security bill that will make america safer. it will have multiple background checks and for the first time to prevent people from overstaying their visas by checking airport departures. >> there are some,...
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Apr 23, 2013
04/13
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set aside for a moment the deficit issue. i said moment, not forever, we know we have to deal with the deficit. but you cannot solve that deficit unless you have americans working. and we can put americans back to work. -- back to work. >> and unleash, i believe, unleash a new economy. i mean, that's -- we're strangling the economy right now. because we're not making the kind of investments. and again, when you look at our competitors, because from northeast ohio, we play a lot of football, there's a scoreboard. there's a scoreboard. mr. ryan: america is not going to win every game but we better be in a position where in the global economic competition that we are competitive and we know what makes us competitive. and i'm not saying it's all about making money, a lot of this stuff that we're talking about is quality of life. we won't get into health care preventive care or anything leek that but we have human beings that are stuck in traffic for two hours in a commute in and out of a city and we're not investing in the high s
set aside for a moment the deficit issue. i said moment, not forever, we know we have to deal with the deficit. but you cannot solve that deficit unless you have americans working. and we can put americans back to work. -- back to work. >> and unleash, i believe, unleash a new economy. i mean, that's -- we're strangling the economy right now. because we're not making the kind of investments. and again, when you look at our competitors, because from northeast ohio, we play a lot of...
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Apr 19, 2013
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sorry, deficit-neutral. thank you, everybody. [applause] >> and it update on the manhunt for the suspect in the boston marathon bombings, overnight his brother was killed, also in mit officer was killed in a shootout. the younger brother is on the loose. and lockdown in the boston area. they were last seen in the water to an area just outside boston. and in his cover the short while ago, the police said the boston area continues on lockdown as they go house to house. they also plan -- a controlled explosion at a house in cambridge, massachusetts, some timeay. amtrak is suspending service between new york and boston. senior democrat associated press as on the house intelligence committeeay the to the st ng suspects had before they confronted police., there was a briefing earlier today. across our networks, we will keep you posted with the latest news and updates. we continue in about an hour in 10 minutes we will take you live to the state department. john kerry, whose brief this morning at the white house on the boston investigat
sorry, deficit-neutral. thank you, everybody. [applause] >> and it update on the manhunt for the suspect in the boston marathon bombings, overnight his brother was killed, also in mit officer was killed in a shootout. the younger brother is on the loose. and lockdown in the boston area. they were last seen in the water to an area just outside boston. and in his cover the short while ago, the police said the boston area continues on lockdown as they go house to house. they also plan -- a...
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Apr 19, 2013
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he found the deficit ceiling will come down for trillions of dollars. his study found $2.5 trillion because when people become legalized, they will start paying taxes and they'll also have to pay back taxes, fines and fees through part of this immigration system. so that means they're not going to be coughing -- costing taxpayers money to go through this process and as many economists believe will raise the quality of life. host: the senate judiciary committee takes up the immigration bill this morning. c-span 1 will have that live. you'll also find that on our website. rebecca kaplan is a staff writer at in the national journal. it includes covering the campaign looking at the republican side of things. she worked on that and she also has covered the white house, as part of national journal's team and now she's looking at congress. one of the aspects of congress you're looking at is the house. here's a recent headline of her story. forget working groups, the house judiciary is moving immigration on its own. what's happening in the house? >> the chairma
he found the deficit ceiling will come down for trillions of dollars. his study found $2.5 trillion because when people become legalized, they will start paying taxes and they'll also have to pay back taxes, fines and fees through part of this immigration system. so that means they're not going to be coughing -- costing taxpayers money to go through this process and as many economists believe will raise the quality of life. host: the senate judiciary committee takes up the immigration bill this...
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Apr 24, 2013
04/13
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this bill doesn't solve our debt or deficit problems. i'm the first to admit that, but what this family does, it eases some of the hardships on our moms and dads in the work force and i'm really thrilled to be the current author of this bill. it has a long history. i'm excited about taking it to the floor in two weeks. again, mr. speaker, for those who want to know more in night's discussion it is #makinglifework and want to hear from americans who are affected and look forward to addressing those throughout the hour this evening. joining me tonight, i have the ntlelady from washington and the gentleman from ohio. and i would like to open this open. you know currently serve on the energy and commerce committee and you have a couple of topics, but let's talk about making life work for american families when t comes to energy. >> i thank you for appealing to the american people so we can hear from them and have conversations with people who are struggling to make ends meet and make our economy work and define those things that are going to
this bill doesn't solve our debt or deficit problems. i'm the first to admit that, but what this family does, it eases some of the hardships on our moms and dads in the work force and i'm really thrilled to be the current author of this bill. it has a long history. i'm excited about taking it to the floor in two weeks. again, mr. speaker, for those who want to know more in night's discussion it is #makinglifework and want to hear from americans who are affected and look forward to addressing...
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Apr 22, 2013
04/13
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because you know for two years now you've been talking about debt and deficit spending. and in this sense it all ties back together. >> well, what's driving our spending and driving our debt is the fact that there are 10,000 baby boomers like me retiring every day. 70,000 this week. 3.5 million this year. social security, medicare, there is no money there in those fund. it has all been spent. people are living longer, accessing medicaid. so the real drivers of the debt primarily are our big entitlement programs that won't survive in their current form unless we make some changes. so it has got, it really has nothing to do with what we call the discretionary spending pot. bill: understood. homeland security spending is not touched? >> we have the sequester because the president won't get serious about solving our big spending problem. he insisted on the sequester. they may have an impact but i don't believe that it's going to affect our counter terrorism activities or affect the ability to protect the american people. bill: what about the immigration debate? there's a lot
because you know for two years now you've been talking about debt and deficit spending. and in this sense it all ties back together. >> well, what's driving our spending and driving our debt is the fact that there are 10,000 baby boomers like me retiring every day. 70,000 this week. 3.5 million this year. social security, medicare, there is no money there in those fund. it has all been spent. people are living longer, accessing medicaid. so the real drivers of the debt primarily are our...
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Apr 20, 2013
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it would over 10 years increased deficit by about $18 billion. it doesn't tell like a lot now but there are things to remember about the $18 billion. since that time, many of the things that were policy , there has been spending on that about half of what the cbo expected would be needed during those comparable policy objectives now maybe cheaper and generate less and the way of spending. is that thehing cbo did not use a dynamic scoring. you did not take into account the potential economic growth affects. the last piece of what is ,appened is since that score congress has passed and the president has assign the affordable care act. my reading of this legislation is is a bipartisan commitment that those who would become registered provisional immigrants who are here illegally, would not be eligible 10,benefits not for probably not for 15. so there will not be a budgetary impact. over the longer term, there is something congress should keep on and terms of the budgetary outlook. i would be happy to discuss with you the impact of the bill in that r
it would over 10 years increased deficit by about $18 billion. it doesn't tell like a lot now but there are things to remember about the $18 billion. since that time, many of the things that were policy , there has been spending on that about half of what the cbo expected would be needed during those comparable policy objectives now maybe cheaper and generate less and the way of spending. is that thehing cbo did not use a dynamic scoring. you did not take into account the potential economic...